Answer:
A. used by businesses to price unique products for different jobs
As the product are different to each other in properties and materials or are required to be performed in different location (IE: real-state maintenance or construction) We need to follow the cost on a per-job basis
Explanation:
B. used by businesses to price identical products
No when the product are identical we don't need to discriminate over which customer ask the job nor the type of product it was requested.
C. used to calculate equivalent units
NO. That is processing cost
D. used to calculate the percentage of work completed
NO that is a given, we measure the amount of work completed under pretty much any cost method.
Answer:
long run, productive resources
Answer:
A retroactive date endorsement
Explanation:
In Insurance, a retroactive date endorsement is used for most claims-made policy forms.
For a claims-made policies, the date which a professional liability coverage begins, covering for any incident that causes damage or harm to a third party on or after the date it occurred, provided the claims relating to it were filed with an active liability insurance coverage, is known as the retroactive date endorsement.
Hence, Bernice should add a retroactive date endorsement to the policy to protect the insurer against liability for such previous losses.
Answer:
The 3 important assets that Walmart can be used to remain competitive with Amazon have been listed below.
Explanation:
Driven by the increasing utilization of internet shopping, retail chains, together with Walmart, were concerned about its business model. However, as Walmart is still in a safe stance and has been for some moment, it could be said that this same corporation does have some methodologies to encourage Amazon, its biggest throughout the world corporation.
- Walmart seems to have the biggest independent water channel transportation system.
- It would have the fastest-growing traditional retail stores across the U.S. Just because of this, this has become a density.
- Also, this same strategy will enhance the percentage of warehouses and therefore a retail distribution channel.
Answer:
Correct answer is d, the assets are sold, liabilities paid and business operations terminated
Explanation:
The partnership liquidation occurs when the day-to-day operation is closed for good. Part of liquidation's process is to sold the partnership's assets and paid all creditors (outside and partners) and divide the excess to the partners based on the profit and loss ratio or if there is still existing obligation to the creditors, the partners will pay it using their personal assets (applicable to general partner only). This stage, the life of the partnership ceased to exist.